Property Development involves a wide range of activities and processes from purchasing land, building and developing high rise apartment buildings and everything in between. In order to be successful, you’ll need to educate yourself on property, the markets, economics, finance, town planning, the construction processes and the marketing of real estate projects.
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If you’re planning to get involved in property development it’s important to understand that you are entering a very challenging adventure. There’s no sugar coating it – you’ll face many ups and downs. However most successful developers have one feature that stands out above all else to get through these challenges – they are tenacious….
T his is the continuation of my previous blog on what it takes for property developments to be successful. To recap: Did you know that one in three proposed residential projects never start in Australia? Or that just three out of five Qld new developments reported a sale over the last six months? Or…
D id you know that one in three proposed residential projects never start in Australia? Did you also know that two out of five new projects selling off-plan across Queensland did not report a sale over the past six months? Or that one in five new approved detached homes across Australia have yet to…
With the very real need for increased housing over coming years, residential development is an attractive property investment option for many people. It has the potential to generate significant equity when well planned and executed. The most common project undertaken by individuals is the construction of two townhouses or units on one block of land….
Have you thought about taking your real estate investing to the next level and getting involved in property development? Many investors have because there are many benefits open to those who “manufacture” their own capital growth through property development. I’ve explained them in other articles in this series. No matter how large or small the property development project, developers tend to…
